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sam_schneider | 4 years ago

This law actually exists in Oregon and parts of Minneapolis. ADU laws were only in Oregon and Washington until recently, California's State-wide ADU push was part of a nationwide reform towards ADUs. The same is happening for SFRs.

Our federal governance structure doesn't provide enough $$$ for housing that isn't single family homes—until we change that, infill single family development is inherently subsidized by fannie and freddie -> I anticipate that other desirable areas will have to do this to stop out-migration and stay affordable.

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datavirtue|4 years ago

Gotcha. I was squinting forever trying to figure out how your model works until I saw it was being used in greatly inflated markets. Simply wouldn't work in my region due to the prices. There would be no profit opportunity for you.